Condo Sales Slump Continues in Thailand as 45,000 Units Left Unsold in 2017

Condo Sales Slump Continues in Thailand as 45,000 Units Left Unsold in 2017

– BANGKOK – Although Thailand’s overall economy last year showed positive trends, condominium demand barely increased, with the number of unsold units exceeding 45,000, a major concern for developers. Ratchaphum Jongpakdee, general manager of property consultant Colliers International Thailand, said developers need to register gains every quarter, rendering them unable to postpone project launches to […]